Bank of America (NYSE:BAC – Get Free Report) is projected to release its Q2 2026 results before the market opens on Tuesday, July 14th. Analysts expect Bank of America to announce earnings of $1.11 per share and revenue of $30.4170 billion for the quarter. Investors can check the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Wednesday, July 15, 2026 at 8:00 AM ET.
Bank of America (NYSE:BAC – Get Free Report) last issued its quarterly earnings data on Wednesday, April 15th. The financial services provider reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.00 by $0.11. The firm had revenue of $30.27 billion for the quarter, compared to analyst estimates of $29.72 billion. Bank of America had a net margin of 16.78% and a return on equity of 11.49%. Bank of America’s revenue was up 10.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.90 EPS. On average, analysts expect Bank of America to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Bank of America Trading Up 2.0%
Shares of BAC stock opened at $59.90 on Tuesday. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.81 and a quick ratio of 0.81. The firm has a market cap of $425.09 billion, a PE ratio of 14.83, a price-to-earnings-growth ratio of 0.99 and a beta of 1.17. The company has a 50-day moving average of $53.82 and a two-hundred day moving average of $52.80. Bank of America has a 1-year low of $44.75 and a 1-year high of $59.94.
Bank of America Announces Dividend
More Bank of America News
Here are the key news stories impacting Bank of America this week:
- Positive Sentiment: Bank of America reached a record high as bank stocks rallied broadly, reinforcing momentum in the shares. Bank of America Stock Hits Record High and Berkshire Hathaway Is a Big Winner
- Positive Sentiment: JPMorgan and Wells Fargo both raised their price targets on Bank of America, with each firm keeping an overweight rating, which can support bullish investor sentiment. Analyst target raises on Bank of America
- Positive Sentiment: Reuters reported that large U.S. banks, including Bank of America, are in preliminary talks to acquire Fiserv’s network, a potential strategic deal that could expand payments-related capabilities. Big US banks explore Fiserv network deal, WSJ reports
- Neutral Sentiment: Bank of America’s own market commentary stayed cautious on the broader economy, warning about elevated valuations, AI spending concerns, and a possible S&P 500 pullback; this is more of a macro view than a direct BAC-specific driver. The stock market is about to suffer a snapback…
- Neutral Sentiment: The firm also published bullish stock calls on other names such as Micron, Corning, T-Mobile, and Seagate, underscoring active research coverage but with limited direct impact on BAC shares. Bank of America Gives Astera Labs Stock a Stunning Street-High Price Target
Insider Activity
In other news, insider Geoffrey S. Greener sold 126,756 shares of Bank of America stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $53.01, for a total value of $6,719,335.56. Following the completion of the transaction, the insider owned 1,373,397 shares in the company, valued at approximately $72,803,774.97. This trade represents a 8.45% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.27% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in shares of Bank of America by 30.0% in the 4th quarter. Brighton Jones LLC now owns 108,872 shares of the financial services provider’s stock valued at $4,785,000 after purchasing an additional 25,143 shares in the last quarter. Sivia Capital Partners LLC grew its stake in shares of Bank of America by 40.5% during the second quarter. Sivia Capital Partners LLC now owns 21,401 shares of the financial services provider’s stock worth $1,013,000 after purchasing an additional 6,174 shares in the last quarter. Jump Financial LLC increased its holdings in Bank of America by 38.4% in the second quarter. Jump Financial LLC now owns 65,677 shares of the financial services provider’s stock valued at $3,108,000 after buying an additional 18,227 shares during the last quarter. Nebula Research & Development LLC acquired a new stake in Bank of America in the second quarter valued at $1,396,000. Finally, Vivaldi Capital Management LP raised its stake in Bank of America by 4.2% in the second quarter. Vivaldi Capital Management LP now owns 8,819 shares of the financial services provider’s stock valued at $417,000 after buying an additional 355 shares in the last quarter. Hedge funds and other institutional investors own 70.71% of the company’s stock.
Analyst Ratings Changes
A number of analysts have issued reports on BAC shares. Jefferies Financial Group boosted their target price on Bank of America from $60.00 to $65.00 and gave the company a “buy” rating in a research report on Thursday, April 16th. Robert W. Baird raised their price target on Bank of America from $56.00 to $58.00 and gave the stock a “neutral” rating in a research report on Thursday, April 16th. Piper Sandler lifted their price objective on Bank of America from $53.00 to $59.00 and gave the company a “neutral” rating in a research note on Thursday, April 16th. Argus increased their target price on Bank of America from $59.00 to $62.00 and gave the stock a “buy” rating in a research note on Thursday, April 16th. Finally, HSBC raised their target price on Bank of America from $55.00 to $60.00 and gave the company a “buy” rating in a report on Thursday, April 16th. Twenty-one research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $61.98.
View Our Latest Stock Analysis on Bank of America
About Bank of America
Bank of America Corporation is a multinational financial services company headquartered in Charlotte, North Carolina. It provides a broad array of banking, investment, asset management and related financial and risk management products and services to individual consumers, small- and middle-market businesses, large corporations, governments and institutional investors. The firm operates through consumer banking, global wealth and investment management, global banking and markets businesses, offering capabilities across lending, deposits, payments, advisory and capital markets.
Its consumer-facing offerings include checking and savings accounts, mortgages, home equity lending, auto loans, credit cards and small business banking, supported by a nationwide branch network and digital channels.
Further Reading
- Five stocks we like better than Bank of America
- How TeraWulf’s Anthropic Deal Booted Up a $19B AI Empire
- Small-Cap ETFs Poised for Big Growth as Rate Outlook Shifts
- Flash Crash or Cash? The AI Hardware Reset Investors Can’t Ignore
- As Employers Drop Obesity Drug Coverage, Hims & Hers Could Be the Winner
Receive News & Ratings for Bank of America Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of America and related companies with MarketBeat.com's FREE daily email newsletter.
